Banking and Finance

Cyprus banking sector mirrors EU strength despite pressures The European Banking Authority (EBA) has said that the EU and EEA banking sector remains resilient, even as geopolitical uncertainty intensifies following ...

Eurobank has announced that it has extended the deadline for applications to its voluntary exit scheme until Friday, March 28, 2026, following its initial launch on March 9, 2026. The bank had originally set ...

Eurobank S.A. has announced that its board of directors had appointed Alexandra Reich as an independent non-executive member, replacing Jawaid Mirza, who has resigned. The decision was taken at ...

Alpha Bank Cyprus announced its support as a strategic partner for the national awareness campaign “Proper Use of Medicines”, an initiative aimed at strengthening public understanding and responsible behaviour on ...

Eurobank S.A. on Monday announced that it had repurchased 1,907,008 own shares between March 16 and March 20, 2026, as part of its ongoing share buyback programme. The programme, which commenced following an ...

The Bank of Cyprus (BoC) on Monday announced an agreement to acquire performing loans, deposits and selected assets and liabilities from the Cyprus Development Bank (CDB), marking a strategic move ...

The European Banking Authority (EBA) recently published its final report on draft implementing technical standards concerning the supervisory reporting of third-country branches under the Capital Requirements Directive VI framework. The ...

Eurobank on Friday announced that it recently secured two major distinctions at the Euromoney Private Banking Awards 2026 in London, reinforcing its position in the private banking sector. Specifically, the bank ...

Eurobank on Friday announced that it is closely monitoring developments in Cyprus’ livestock sector following the outbreak of foot-and-mouth disease and the mass culling of animals across several farming units. ...

The Central Bank of Cyprus (CBC) announced on Thursday that credit conditions for businesses and households remained stable in the fourth quarter of 2025 despite a significant rise in demand for ...

The Cyprus Stock Exchange (CSE) on Thursday announced that it has accepted the listing of 50,000 new treasury bills issued by the Republic of Cyprus following a successful auction on March 16, 2026. ...

The Central Bank of Cyprus (CBC) has confirmed that the countercyclical capital buffer rate for credit institutions will remain at 1.5 per cent to safeguard the stability of the national financial ...

The Bank of Cyprus (BoC) has announced the date for reviewing its audited financial statements for the year ended December 31, 2025, and released an updated financial calendar for 2026. The bank said ...

The Bank of Cyprus on Wednesday reported strong investor interest during its participation in the Morgan Stanley European Financial Conference in London, following a series of high-level meetings with international ...

The Public Debt Management Office, which operated under the Finance Ministry, has announced the results of a 13-week treasury bill auction, raising €50 million from investors. The auction attracted total bids ...

The National Bank of Greece has announced the completion of the Etalia B transaction involving the sale of non-performing exposures. The transaction concerns the sale and transfer of a non-performing ...

The Eurosystem recently unveiled the Appia roadmap, a strategic initiative aimed at shaping the development of a European tokenised financial ecosystem. The initiative seeks to ensure that central bank money ...

The Central Bank of Cyprus (CBC) has published updated aggregate Cyprus banking sector data for the year ending December 31, 2025, showing that the banking sector’s profitability declined in 2025. Specifically, profitability ...

Eurobank recently organised a first aid training event for the children of its employees in Nicosia, offering a hands-on educational experience designed to teach life-saving skills to participants aged six ...

The Central Bank of Cyprus (CBC) has announced that its total assets and liabilities reached €27.99 billion at the end of the previous month. According to the balance sheet as of ...

The National Bank of Greece announced on Monday the successful completion of the ‘Etalia A’ transaction, involving the sale of a non-performing exposure portfolio to an entity managed by Bain ...

The Cyprus Securities and Exchange Commission (CySEC) on Monday announced its participation in Global Money Week 2026, launching a series of educational initiatives aimed at strengthening young people’s financial literacy ...

Interest rates for new housing loans in Cyprus rose to a peak of 3.41 per cent in January, up from 3.25 per cent during the previous month, though borrowing costs on the ...

H.I.G. WhiteHorse, the credit affiliate of HIG Capital, has provided first-lien, senior-secured financing to back the acquisition of Viabus B.V. by German investment firm Armira, in a ...